Although the total supply of office space in Brno is approximately 5.6 times smaller than in Prague, space currently under construction has already reached half the level of the Capital, according to the Regional Research Forum's H1 2025 analysis of market dynamics in Moravia.
In Brno, the Titanium X office building was completed in the first half of 2025, bringing 10,900 sqm to the market. More than 103,100 sqm of office space is under construction. The vacancy rate increased year-on-year to 12.7%, compared to the end of last year, it increased by 0.6 percentage points. Prime headline rents grew slightly to €17- €18 per sqm/month.
The total modern office stock in Brno amounted to 704,900 sqm in H1 2025. Class A buildings accounted for 73% of the total stock, while the remaining 27% consisted of Class B offices.
"A significant factor driving demand for office space in Brno is the wide availability of qualified professionals, due to the high number of students and graduates in technical fields from local universities. The market also benefits from the intensive development of modern office buildings that meet companies’ high standards for technical quality, ESG criteria, and attractive locations in easily accessible central areas of the city with good amenities,“ explains Jan Babka, Head of Office Leasing at Knight Frank.
The largest transaction in the first half of 2025 was a pre-lease by a company from the energy sector in the Nová Zbrojovka D4 project (10,500 sqm), followed by a pre-lease by Sudop Real (3,300 sqm) in the Landmark project, and a new lease by Abugo in the Campus Science Park DE building (1,900 sqm).
In contrast, new office development in Ostrava is limited, which has also contributed to a slight year-on-year decrease in vacancy. The total modern office stock in Ostrava at the end of H1 2025 amounted to 245,700 sqm. No new office buildings were completed in H1 2025. The only project under construction in Ostrava is the Václav mixed-use building (3,000 sqm) with expected completion in 2027. The new lease by Satum Czech in the IQ Ostrava building (1,900 sqm) was the most significant deal recorded in H1 2025.
The office vacancy rate in Ostrava decreased by 1.1 percentage points year-on-year to 10.7%. In H1 2025, prime headline rents on the Ostrava office market remained unchanged at €14.00 - €14.50 per sqm/month.
